A row between a Kremlin-controlled energy giant and one of its European customers has sent the price of gas surging to its highest level in a year.

An investigation focuses on services provided by the bank for a trust that held the sanctioned billionaire’s assets.

As for global gas demand, gas consumption in January-October increased by 80 bln cubic meters year-on-year, the company noted ...

The Austrian energy company OMV has been in dispute with the Kremlin-owned Gazprom over disruptions to gas supplies in the ...

(Bloomberg) -- OMV AG warned Russian natural gas supplies may be disrupted as the company intends to stop paying for imports ...

EADaily, November 14th, 2024. The price of gas in Europe exceeded $ 500 per thousand cubic meters. A new movement was given ...

European natural gas prices surged due to a combination of OMV's legal victory against Gazprom and colder weather increasing ...

Austrian energy player plans to enforce arbitration award from Russian company revenues for remaining exports to Europe ...

Austria is preparing for its first winter without Russian gas. What will this mean for the country’s supplies and energy ...

The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...

The European power contracts for the year ahead were released on Thursday. They reflect higher carbon permits as well as gas contracts.

European natural gas prices spike as much as 5% to hit €46/MWh on Thursday, reaching their highest level this year, after Austrian oil and gas producer OMV (OTCPK:OMVJF) warned of a potential halt of ...